self-driving cars Archives - CFO

Intel to Take Self-Driving Car Unit Public

Intel to Take Self-Driving Car Unit Public

The planned listing of Mobileye is Intel's latest move to revive its fortunes as its stock lags behind rivals such as AMD and Nvidia.

By Matthew Heller | December 7, 2021

Ford, Walmart Unveil AV Grocery Delivery Project

Ford, Walmart Unveil AV Grocery Delivery Project

The collaboration could boost Ford's efforts to develop commercial uses for self-driving technology.

By Matthew Heller | November 14, 2018

Ford Forms New Unit to Lead Drive Into AVs

Ford Forms New Unit to Lead Drive Into AVs

“Now is the right time to consolidate our autonomous driving platform into one team to best position the business for the opportunities ahead."

By Matthew Heller | July 31, 2018

VW Charges up Spending on Electric Vehicles

VW Charges up Spending on Electric Vehicles

The world’s largest automaker announces a $40 billion spending plan that will accelerate its shift away from combustion-engine vehicles.

By Matthew Heller | November 20, 2017

Broadcom Offers $130B for Rival Qualcomm

Broadcom Offers $130B for Rival Qualcomm

The takeover proposal, the largest in tech history, would create the world's No. 3 chipmaker but Qualcomm appears set to reject it as inadequate.

By Matthew Heller | November 6, 2017

GM Buys Sensor Startup for Robocar Push

GM Buys Sensor Startup for Robocar Push

The automaker says Strobe's LIDAR sensors are a "game changer" in its effort to deploy large fleets of self-driving vehicles.

By Matthew Heller | October 9, 2017

Delphi Drives Away From Internal Combustion

Delphi Drives Away From Internal Combustion

The automotive supplier is spinning off its powertrain business so it can focus on technology for autonomous vehicles.

By Matthew Heller | May 3, 2017

Intel Makes $15 Billion Bet on Self-Driving Cars

Intel Makes $15 Billion Bet on Self-Driving Cars

The world's largest chipmaker is acquiring Israel's Mobileye as it bids to become a major supplier of driverless systems for automakers.

By Matthew Heller | March 13, 2017

VW Buys Canadian Mobile Payments Company

VW Buys Canadian Mobile Payments Company

The acquisition of PayByPhone gives the automaker "a charter to focus on general mobility services.”

By Matthew Heller | December 28, 2016

Japanese Deal Drives KKR Into Auto Parts

Japanese Deal Drives KKR Into Auto Parts

As part of its largest-ever transaction in Japan, the private-equity firm will acquire Nissan's 41% stake in Calsonic Kansei for $1.87 billion.

By Matthew Heller | November 23, 2016

Samsung Buys Auto Tech Firm Harman for $8B

Samsung Buys Auto Tech Firm Harman for $8B

With its largest acquistion ever, Samsung will instantly become "a major player" in the market for providing electronics to makers of connected cars.

By Matthew Heller | November 14, 2016

Qualcomm Bets on Auto Chips With NXP Deal

Qualcomm Bets on Auto Chips With NXP Deal

The smartphone chip supplier sees the $38 billion deal as a way to to expand not only into automotive chips but also the Internet of Things.

By Matthew Heller | October 27, 2016